KEVIN LAMARQUEREUTERS Earlier this month, Treasury Secretary Janet Yellen notified Congress that the United States could default on its debt soon. Yellen stressed that it is impossible to predict with certainty the exact date the US will run out of cash but that Day X could be as soon as 1 June.
“If Congress fails to increase the debt limit, it would cause severe hardship to American families, harm our global leadership position, and raise questions about our ability to defend our national security interests,” Yellen told lawmakers. If Congress does not raise the debt ceiling, we face economic […]
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